Summa Silver Corp V.SSVR

Alternate Symbol(s): SSVRF

Metals & Mining Industrial Metals & Minerals

Summa Silver Corp. is a Canada-based junior mineral exploration company. The Company owns a 100% interest in the Hughes project located in central Nevada and in the Mogollon project located in southwestern New Mexico. The Hughes Property is located within and adjacent to the town of Tonopah, Nevada, the County Seat of Nye County, in the west-central part of the State. The Property comprises approximately 57 patented mining claims and 246 unpatented mineral claims, covering a total of roughly 5,504 acres. The Property is in the heart of the Tonopah Mining District, a silver and gold producing district in Nevada. The Mogollon Property is located in Catron County in southwest New Mexico, adjacent to the small town of Mogollon. The Property comprises 85 patented mining claims and 403 unpatented mineral claims, which cover approximately 7730 acres (3128 hectares) of land. It covers a silver-gold bearing epithermal vein field.

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Summa Silver Corp

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Post by waves1on Feb 17, 2022 2:42pm

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Post# 34439095

Exploration activity update at Mogollon Property

Just got caught up on Summa Silver ($SSVR.v $SSVRF)'s exploration activity update at its Mogollon Property in Mexico & things are looking solid IMO

Highlights:
• Accelerated drilling: Second diamond rig is in full operation, both rigs are focused on testing for unmined extensions
• Drill holes progressing: 4 holes completed so far, 2 in progress
• Strong Vein Zones intersected: all holes have intersected significant zones of quartz-carbonate veins, stockworks, and breccias over core lengths giving strong indications that the core is mineralized
• Consolidated extension target: High-grade mineralization intersected in historic drilling remaining open to expansion with 9 holes intersecting an avg grade of 506g/t AgEq over avg length of 12m
• Consolidated extension target represents only 1.5% of the total vein and structure strike present

The second rig is an important step in executing $SSVR's aggressive drilling plans in 2022 as their primary focus is to build ounces largely via step-out drilling into veins of proven high-grade silver and gold mineralization as well as to test for unmined extensions of the Consolidated Mine.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2809-tsx-venture/ssvr/115789-summa-silver-accelerates-drilling-at-the-mogollon-high-grade-silver-project-new-mexico.html

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